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Resolution 1105 RESOLUTION NO. 1105 RESOLUTION APPROVING PROPOSED ACCUMULATION BUDGET WHEREAS The City of Gilroy has entered into a cooperative agreement with the Department of Publ ic Works, State of California for sharing the cost of constructing traffic signals at the intersection of State Highway Route 152 and Church Street in the City of Gilroy; WHEREAS the City has Section 186. I Funds available for expenditure on Select System Streets in accordance with Section 186.6 of the Streets and Highways Code and; WHEREAS Section 186.6 of the Streets and Highways Code provides for the extension of the accumulation period of 186. I Gas Tax Funds apportioned; NOW THEREFORE BE IT RESOLVED that the City Counci I of the City of Gilroy in accordance with said Section 186.6 does hereby approve the Proposed Accumulation Budget wherein the remainder of the Section 186.1 gas tax apportionment for the fiscal year 1964 - 1965 and $1,856.76 of the 1965 - 1966 Section 186. I gas tax apportionment will be used to pay the City's share of the said project cost and; BE IT FURTHER REZOLVED that the Director of Public Works is hereby budget authorized to submit said accumulation/along with a petition for extending the Accumulation Budget period for Section 186. I funds to the Department of Public Works, State of California for their approval and to sign same on behalf of the City. PASSED AND ADOPTED th i s 18th day of Apri I , 1967. NOES: COUNCILMEMBERS: Allemand,Duffin,Goodrich,Quartiroli, Wentworth, and Petersen. COUNCILMEMBERS: None AYES: ABSENT: COUNC I LMEMBERS: Eckard ~~ Mayor ,/ / ATTEST: ;6(~ ~~ City Clerk () / /05 ~ . I, SUSANNE E. PAYNE , City Clerk of the City of Gilroy, do hereby certify that the attached Resolution No. 1105 is an original resolution, duly adopted by the Council of the City of Gilroy at a regular meeting of said Council held on the 18th day of Apri 1 19~, at which meeting a quorum was present. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City of Gilroy, this 19th day Apri 1 , 19~. -, 4ku